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China property sales fell 22.2% on year in Jan – Jun

China’s property sales by floor area reached 689.2 million square meters in the first half of the year, sliding 22.2% from a year earlier, compared to 23.6% drop for the first five months, according to the National Bureau of Statistics.

China fixed-asset investment up 6.1% on year in first half

China’s fixed-asset investment grew by 6.1% y/y in the first half of the year, according to data released by the National Bureau of Statistics, compared to expected 5.9% growth and the 6.2% gain for the first five months of the year.

China Q2 GDP grew 0.4% on year, vs previous 4.8%

China’s GDP grew 0.4% in Q2 from a year earlier, according to data released by the National Bureau of Statistics, slowing sharply from 4.8% growth in the previous quarter. That missed expectation for 1% growth by analysts in a Reuters poll.

Chinese regulators held emergency meeting about suspended mortgage payments – report

China’s Ministry of Housing and Urban-Rural Development, financial regulators and banks held an emergency meeting this week to discuss the issue of suspended mortgage payments, as more and more homebuyers in China refused to pay mortgages on unfinished projects, Bloomberg News reported cited people with the knowledge of the matter.